TABLE B–1.—Gross domestic product, 1959–2004 [Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates] Personal consumption expenditures Gross private domestic investment Fixed investment Nonresidential Total 1959 506.6 317.6 42.7 148.5 126.5 78.5 74.6 46.5 1960 526.4 331.7 43.3 152.8 135.6 78.9 75.7 49.4 1961 544.7 342.1 41.8 156.6 143.8 78.2 75.2 48.8 1962 585.6 363.3 46.9 162.8 153.6 88.1 82.0 53.1 1963 617.7 382.7 51.6 168.2 162.9 93.8 88.1 56.0 1964 663.6 411.4 56.7 178.6 176.1 102.1 97.2 63.0 1965 719.1 443.8 63.3 191.5 189.0 118.2 109.0 74.8 1966 787.8 480.9 68.3 208.7 203.8 131.3 117.7 85.4 1967 832.6 507.8 70.4 217.1 220.3 128.6 118.7 86.4 1968 910.0 558.0 80.8 235.7 241.6 141.2 132.1 93.4 1969 984.6 605.2 85.9 253.1 266.1 156.4 147.3 104.7 1970 1,038.5 648.5 85.0 272.0 291.5 152.4 150.4 109.0 1971 1,127.1 701.9 96.9 285.5 319.5 178.2 169.9 114.1 1972 1,238.3 770.6 110.4 308.0 352.2 207.6 198.5 128.8 1973 1,382.7 852.4 123.5 343.1 385.8 244.5 228.6 153.3 1974 1,500.0 933.4 122.3 384.5 426.6 249.4 235.4 169.5 1975 1,638.3 1,034.4 133.5 420.7 480.2 230.2 236.5 173.7 1976 1,825.3 1,151.9 158.9 458.3 534.7 292.0 274.8 192.4 1977 2,030.9 1,278.6 181.2 497.1 600.2 361.3 339.0 228.7 1978 2,294.7 1,428.5 201.7 550.2 676.6 438.0 412.2 280.6 1979 2,563.3 1,592.2 214.4 624.5 753.3 492.9 474.9 333.9 1980 2,789.5 1,757.1 214.2 696.1 846.9 479.3 485.6 362.4 1981 3,128.4 1,941.1 231.3 758.9 950.8 572.4 542.6 420.0 1982 3,255.0 2,077.3 240.2 787.6 1,049.4 517.2 532.1 426.5 1983 3,536.7 2,290.6 280.8 831.2 1,178.6 564.3 570.1 417.2 1984 3,933.2 2,503.3 326.5 884.6 1,292.2 735.6 670.2 489.6 1985 4,220.3 2,720.3 363.5 928.7 1,428.1 736.2 714.4 526.2 1986 4,462.8 2,899.7 403.0 958.4 1,538.3 746.5 739.9 519.8 1987 4,739.5 3,100.2 421.7 1,015.3 1,663.3 785.0 757.8 524.1 1988 5,103.8 3,353.6 453.6 1,083.5 1,816.5 821.6 803.1 563.8 1989 5,484.4 3,598.5 471.8 1,166.7 1,960.0 874.9 847.3 607.7 1990 5,803.1 3,839.9 474.2 1,249.9 2,115.9 861.0 846.4 622.4 1991 5,995.9 3,986.1 453.9 1,284.8 2,247.4 802.9 803.3 598.2 1992 6,337.7 4,235.3 483.6 1,330.5 2,421.2 864.8 848.5 612.1 1993 6,657.4 4,477.9 526.7 1,379.4 2,571.8 953.4 932.5 666.6 1994 7,072.2 4,743.3 582.2 1,437.2 2,723.9 1,097.1 1,033.3 731.4 1995 7,397.7 4,975.8 611.6 1,485.1 2,879.1 1,144.0 1,112.9 810.0 1996 7,816.9 5,256.8 652.6 1,555.5 3,048.7 1,240.3 1,209.5 875.4 1997 8,304.3 5,547.4 692.7 1,619.0 3,235.8 1,389.8 1,317.8 968.7 1998 8,747.0 5,879.5 750.2 1,683.6 3,445.7 1,509.1 1,438.4 1,052.6 Total Total Year or quarter Gross domestic product Total Durable goods Nondurabl e goods Services1999 9,268.4 6,282.5 817.6 1,804.8 3,660.0 1,625.7 1,558.8 1,133.9 2000 9,817.0 6,739.4 863.3 1,947.2 3,928.8 1,735.5 1,679.0 1,232.1 2001 10,128.0 7,055.0 883.7 2,017.1 4,154.3 1,614.3 1,646.1 1,176.8 2002 10,487.0 7,376.1 916.2 2,080.1 4,379.8 1,579.2 1,568.0 1,063.9 2003 11,004.0 7,760.9 950.7 2,200.1 4,610.1 1,665.8 1,667.0 1,094.7 2004 p 11,728.0 8,231.1 995.7 2,376.5 4,859.0 1,922.4 1,879.3 1,217.6 2000: I 9,629.4 6,613.9 876.9 1,894.2 3,842.8 1,672.3 1,642.4 1,193.9 II 9,822.8 6,688.1 854.2 1,938.3 3,895.6 1,781.7 1,685.4 1,236.5 III 9,862.1 6,783.9 861.3 1,965.8 3,956.7 1,749.0 1,690.6 1,247.5 IV 9,953.6 6,871.6 860.9 1,990.5 4,020.3 1,738.9 1,697.5 1,250.3 2001: I 10,021.5 6,955.8 872.1 2,000.0 4,083.7 1,675.3 1,685.2 1,229.6 II 10,128.9 7,017.5 864.7 2,016.6 4,136.2 1,647.7 1,654.7 1,187.1 III 10,135.1 7,058.5 865.1 2,024.2 4,169.1 1,613.0 1,644.8 1,167.2 IV 10,226.3 7,188.4 932.8 2,027.5 4,228.0 1,521.4 1,599.6 1,123.2 2002: I 10,338.2 7,236.9 903.5 2,046.8 4,286.5 1,568.5 1,577.4 1,091.4 II 10,445.7 7,339.3 907.5 2,077.7 4,354.0 1,577.0 1,563.0 1,061.2 III 10,546.5 7,428.0 932.8 2,081.3 4,413.9 1,581.3 1,562.2 1,055.0 IV 10,617.5 7,500.0 920.8 2,114.6 4,464.7 1,589.9 1,569.5 1,048.1 2003: I 10,744.6 7,609.8 912.1 2,167.5 4,530.2 1,596.6 1,586.0 1,046.4 II 10,884.0 7,696.3 946.8 2,163.6 4,585.9 1,611.1 1,626.4 1,072.7 III 11,116.7 7,822.5 972.7 2,219.2 4,630.6 1,696.6 1,700.2 1,113.3 IV 11,270.9 7,914.9 971.1 2,250.1 4,693.6 1,758.8 1,755.2 1,146.3 2004: I 11,472.6 8,060.2 976.3 2,316.6 4,767.3 1,819.7 1,783.5 1,158.8 II 11,657.5 8,153.8 975.5 2,354.6 4,823.8 1,920.7 1,861.7 1,198.5 III 11,814.9 8,282.5 1,007.0 2,387.2 4,888.2 1,947.0 1,915.4 1,238.5 IV p 11,967.0 8,428.1 1,023.9 2,447.6 4,956.5 2,002.2 1,956.6 1,274.7 See next page for continuation of table.Gross private domestic investment Fixed investment Nonresidential Structure s Equipment and software 18.1 28.4 28.1 3.9 19.6 29.8 26.3 3.2 19.7 29.1 26.4 3.0 20.8 32.3 29.0 6.1 21.2 34.8 32.1 5.6 23.7 39.2 34.3 4.8 28.3 46.5 34.2 9.2 31.3 54.0 32.3 13.6 31.5 54.9 32.4 9.9 33.6 59.9 38.7 9.1 37.7 67.0 42.6 9.2 40.3 68.7 41.4 2.0 42.7 71.5 55.8 8.3 47.2 81.7 69.7 9.1 55.0 98.3 75.3 15.9 61.2 108.2 66.0 14.0 61.4 112.4 62.7 -6.3 65.9 126.4 82.5 17.1 74.6 154.1 110.3 22.3 93.6 187.0 131.6 25.8 117.7 216.2 141.0 18.0 136.2 226.2 123.2 -6.3 167.3 252.7 122.6 29.8 177.6 248.9 105.7 -14.9 154.3 262.9 152.9 -5.8 177.4 312.2 180.6 65.4 194.5 331.7 188.2 21.8 176.5 343.3 220.1 6.6 174.2 349.9 233.7 27.1 182.8 381.0 239.3 18.5 193.7 414.0 239.5 27.7 202.9 419.5 224.0 14.5 183.6 414.6 205.1 -0.4 172.6 439.6 236.3 16.3 177.2 489.4 266.0 20.8 186.8 544.6 301.9 63.8 207.3 602.8 302.8 31.1 224.6 650.8 334.1 30.8 250.3 718.3 349.1 72.0 275.2 777.3 385.8 70.8 Change in private inventories Residential282.2 851.7 424.9 66.9 313.2 918.9 446.9 56.5 322.6 854.2 469.3 -31.7 271.6 792.4 504.1 11.2 261.6 833.1 572.3 -1.2 277.0 940.7 661.7 43.1 295.2 898.7 448.5 29.9 310.4 926.1 448.8 96.3 321.1 926.5 443.1 58.4 326.0 924.2 447.2 41.4 323.9 905.7 455.6 -9.9 325.7 861.4 467.6 -7.0 335.8 831.4 477.6 -31.8 305.2 818.1 476.3 -78.2 290.0 801.4 486.0 -8.9 273.4 787.8 501.8 14.0 262.7 792.3 507.2 19.1 260.1 788.0 521.4 20.4 253.6 792.8 539.6 10.6 262.3 810.4 553.8 -15.3 262.3 851.1 586.9 -3.7 268.2 878.1 609.0 3.5 266.0 892.8 624.6 36.2 275.5 923.1 663.2 59.0 281.2 957.3 677.0 31.6 285.2 989.6 681.9 45.5TABLE B–1.—Gross domestic product, 1959–2004—Continued [Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates] Net exports of goods and services Government consumption expenditures and gross investment Federal Total National defense Nondefens e 1959 0.4 22.7 22.3 110.0 65.4 53.8 11.5 1960 4.2 27.0 22.8 111.6 64.1 53.4 10.7 1961 4.9 27.6 22.7 119.5 67.9 56.5 11.4 1962 4.1 29.1 25.0 130.1 75.3 61.1 14.2 1963 4.9 31.1 26.1 136.4 76.9 61.0 15.9 1964 6.9 35.0 28.1 143.2 78.5 60.3 18.2 1965 5.6 37.1 31.5 151.5 80.4 60.6 19.8 1966 3.9 40.9 37.1 171.8 92.5 71.7 20.8 1967 3.6 43.5 39.9 192.7 104.8 83.5 21.3 1968 1.4 47.9 46.6 209.4 111.4 89.3 22.1 1969 1.4 51.9 50.5 221.5 113.4 89.5 23.8 1970 4.0 59.7 55.8 233.8 113.5 87.6 25.8 1971 0.6 63.0 62.3 246.5 113.7 84.6 29.1 1972 -3.4 70.8 74.2 263.5 119.7 87.0 32.7 1973 4.1 95.3 91.2 281.7 122.5 88.2 34.3 1974 -0.8 126.7 127.5 317.9 134.6 95.6 39.0 1975 16.0 138.7 122.7 357.7 149.1 103.9 45.1 1976 -1.6 149.5 151.1 383.0 159.7 111.1 48.6 1977 -23.1 159.4 182.4 414.1 175.4 120.9 54.5 1978 -25.4 186.9 212.3 453.6 190.9 130.5 60.4 1979 -22.5 230.1 252.7 500.8 210.6 145.2 65.4 1980 -13.1 280.8 293.8 566.2 243.8 168.0 75.8 1981 -12.5 305.2 317.8 627.5 280.2 196.3 84.0 1982 -20.0 283.2 303.2 680.5 310.8 225.9 84.9 1983 -51.7 277.0 328.6 733.5 342.9 250.7 92.3 1984 -102.7 302.4 405.1 797.0 374.4 281.6 92.8 1985 -115.2 302.0 417.2 879.0 412.8 311.2 101.6 1986 -132.7 320.5 453.3 949.3 438.6 330.9 107.8 1987 -145.2 363.9 509.1 999.5 460.1 350.0 110.0 1988 -110.4 444.1 554.5 1,039.0 462.3 354.9 107.4 1989 -88.2 503.3 591.5 1,099.1 482.2 362.2 120.0 1990 -78.0 552.4 630.3 1,180.2 508.3 374.0 134.3 1991 -27.5 596.8 624.3 1,234.4 527.7 383.2 144.5 1992 -33.2 635.3 668.6 1,271.0 533.9 376.9 157.0 1993 -65.0 655.8 720.9 1,291.2 525.2 362.9 162.4 1994 -93.6 720.9 814.5 1,325.5 519.1 353.7 165.5 1995 -91.4 812.2 903.6 1,369.2 519.2 348.7 170.5 1996 -96.2 868.6 964.8 1,416.0 527.4 354.6 172.8 1997 -101.6 955.3 1,056.9 1,468.7 530.9 349.6 181.3 1998 -159.9 955.9 1,115.9 1,518.3 530.4 345.7 184.7 Year or quarter Net exports Exports Imports Total1999 -260.5 991.2 1,251.7 1,620.8 555.8 360.6 195.2 2000 -379.5 1,096.3 1,475.8 1,721.6 578.8 370.3 208.5 2001 -367.0 1,032.8 1,399.8 1,825.6 612.9 392.6 220.3 2002 -424.9 1,005.0 1,429.9 1,956.6 680.8 437.4 243.4 2003 -498.1 1,046.2 1,544.3 2,075.5 752.2 496.4 255.7 2004 p -609.3 1,170.2 1,779.6 2,183.8 810.0 548.1 261.9 2000: I -346.4 1,055.1 1,401.5 1,689.6 565.3 360.9 204.4 II -366.9 1,091.8 1,458.7 1,720.0 586.6 375.2 211.4 III -400.7 1,122.4 1,523.1 1,729.9 581.2 371.3 209.9 IV -403.9 1,115.8 1,519.7 1,746.9 582.0 373.8 208.2 2001: I -392.9 1,100.7 1,493.7 1,783.3 596.2 383.5 212.7 II -361.7 1,060.5 1,422.2 1,825.4 610.9 388.3 222.6 III -361.9 1,003.5 1,365.3 1,825.6 614.3 393.0 221.3 IV -351.6 966.6 1,318.2 1,868.2 630.1 405.6 224.5 2002: I -376.3 975.0 1,351.3 1,909.2 654.2 418.5 235.8 II -415.4 1,008.1 1,423.5 1,944.9 676.6 431.7 244.9 III -431.1 1,023.4 1,454.5 1,968.3 684.4 438.5 245.9 IV -476.6 1,013.5 1,490.1 2,004.2 708.2 461.0 247.2 2003: I -503.3 1,019.8 1,523.0 2,041.4 723.4 467.4 256.0 II -497.6 1,018.1 1,515.7 2,074.2 761.1 506.7 254.4 III -488.8 1,047.7 1,536.4 2,086.4 756.7 498.1 258.7 IV -502.8 1,099.2 1,602.0 2,100.0 767.5 513.6 253.9 2004: I -546.8 1,134.3 1,681.2 2,139.5 793.3 534.1 259.1 II -591.3 1,167.6 1,758.9 2,174.3 804.4 541.2 263.2 III -611.8 1,189.5 1,801.2 2,197.2 817.4 557.0 260.4 IV p -687.5 1,189.6 1,877.1 2,224.3 824.8 559.9 264.9 1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services. 2 GDP plus net income receipts from rest of the world. Source: Department of Commerce, Bureau of Economic Analysis.Continued seasonally adjusted annual rates] expenditures and gross Percent change from preceding period 44.7 502.7 506.2 509.3 8.4 8.5 47.5 523.2 522.2 529.5 3.9 3.2 51.6 541.7 539.8 548.2 3.5 3.4 54.9 579.5 581.5 589.7 7.5 7.7 59.5 612.1 612.8 622.2 5.5 5.4 64.8 658.8 656.7 668.5 7.4 7.2 71.0 709.9 713.5 724.4 8.4 8.6 79.2 774.2 783.9 792.9 9.5 9.9 87.9 822.7 829.0 838.0 5.7 5.8 98.0 900.9 908.6 916.1 9.3 9.6 108.2 975.4 983.2 990.7 8.2 8.2 120.3 1,036.5 1,034.6 1,044.9 5.5 5.2 132.8 1,118.9 1,126.5 1,134.7 8.5 8.9 143.8 1,229.2 1,241.7 1,246.8 9.9 10.2 159.2 1,366.8 1,378.6 1,395.3 11.7 11.0 183.4 1,486.0 1,500.8 1,515.5 8.5 8.9 208.7 1,644.6 1,622.4 1,651.3 9.2 8.1 223.3 1,808.2 1,826.9 1,842.1 11.4 12.6 238.7 2,008.6 2,054.0 2,051.2 11.3 12.4 262.6 2,268.9 2,320.1 2,316.3 13.0 13.0 290.2 2,545.3 2,585.9 2,595.3 11.7 11.5 322.4 2,795.8 2,802.6 2,823.7 8.8 8.4 347.3 3,098.6 3,141.0 3,161.4 12.2 12.1 369.7 3,269.9 3,275.0 3,291.5 4.0 4.3 390.5 3,542.4 3,588.3 3,573.8 8.7 9.6 422.6 3,867.8 4,035.9 3,969.5 11.2 12.5 466.2 4,198.4 4,335.5 4,246.8 7.3 7.4 510.7 4,456.3 4,595.6 4,480.6 5.7 6.0 539.4 4,712.3 4,884.7 4,757.4 6.2 6.3 576.7 5,085.3 5,214.2 5,127.4 7.7 6.7 616.9 5,456.7 5,572.5 5,510.6 7.5 6.9 671.9 5,788.5 5,881.1 5,837.9 5.8 5.5 706.7 5,996.3 6,023.4 6,026.3 3.3 2.4 737.0 6,321.4 6,371.0 6,367.4 5.7 5.8 766.0 6,636.6 6,722.4 6,689.3 5.0 5.5 806.3 7,008.4 7,165.8 7,098.4 6.2 6.6 850.0 7,366.5 7,489.0 7,433.4 4.6 4.5 888.6 7,786.1 7,913.1 7,851.9 5.7 5.7 937.8 8,232.3 8,405.9 8,337.3 6.2 6.2 987.9 8,676.2 8,906.9 8,768.3 5.3 6.0 State and local Gross domestic product Final sales of domestic product Gross domestic purchases 1 Gross domestic purchases 1 Addendum : Gross national product 21,065.0 9,201.5 9,528.9 9,302.2 6.0 7.0 1,142.8 9,760.5 10,196.4 9,855.9 5.9 7.0 1,212.8 10,159.7 10,495.0 10,171.6 3.2 2.9 1,275.8 10,475.9 10,911.9 10,514.1 3.5 4.0 1,323.3 11,005.3 11,502.2 11,059.2 4.9 5.4 1,373.9 11,684.9 12,337.3 ...... 6.6 7.3 1,124.3 9,599.6 9,975.8 9,661.9 4.7 6.6 1,133.4 9,726.5 10,189.7 9,859.6 8.3 8.9 1,148.6 9,803.7 10,262.8 9,893.6 1.6 2.9 1,164.9 9,912.2 10,357.5 10,008.4 3.8 3.7 1,187.2 10,031.4 10,414.4 10,060.2 2.8 2.2 1,214.5 10,136.0 10,490.6 10,173.5 4.4 3.0 1,211.2 10,166.9 10,497.0 10,151.8 0.2 0.2 1,238.1 10,304.5 10,577.9 10,300.9 3.6 3.1 1,255.0 10,347.2 10,714.6 10,361.7 4.5 5.3 1,268.3 10,431.7 10,861.2 10,461.6 4.2 5.6 1,283.9 10,527.4 10,977.6 10,571.7 3.9 4.4 1,296.0 10,597.1 11,094.1 10,661.2 2.7 4.3 1,318.0 10,734.0 11,247.8 10,781.3 4.9 5.7 1,313.1 10,899.3 11,381.6 10,929.0 5.3 4.8 1,329.7 11,120.4 11,605.5 11,168.3 8.8 8.1 1,332.6 11,267.4 11,773.7 11,358.1 5.7 5.9 1,346.3 11,436.4 12,019.4 11,546.1 7.4 8.6 1,369.9 11,598.5 12,248.8 11,693.6 6.6 7.9 1,379.8 11,783.3 12,426.6 11,853.0 5.5 5.9 1,399.5 11,921.5 12,654.5 ...... 5.3 7.5